Kingsoft Office Projects Up to 263.89% Net Profit Growth for H1 2026
Kingsoft Office released its financial forecast for the first half of 2026, projecting a net profit of 2.316 billion to 2.719 billion yuan, representing a year-over-year increase of 209.98% to 263.89%. The company attributed this growth to its "AI, collaboration, and internationalization" strategy, alongside strong returns from external investment funds. This performance highlights the successful commercialization of AI in office software, demonstrating how AI agents and assistants can drive business growth. It also underscores the growing competitiveness of Chinese office software suites against global giants like Microsoft. While the unadjusted net profit surged significantly due to investment returns, the adjusted net profit (excluding these returns) is expected to be between 999.85 million and 1.17 billion yuan, a more modest but steady increase of 18.03% to 38.55%. The company's AI push is led by newly launched products like the Lingxi Professional Edition AI agent and the WPS Comate developer assistant.
## BACKGROUND
Kingsoft Office is the developer of WPS Office, a major Chinese alternative to Microsoft Office. In July 2026, the company held its AI Productivity Conference, where it launched WPS Comate, an AI assistant for enterprises, and Lingxi Professional Edition, an AI agent designed to transform office workflows from simple chat interfaces to actionable deliverables.